D
dandelion
Affordable residential geothermal heating and cooling systems
About dandelion
Dandelion Energy is a geothermal company that provides alternative heating and cooling solutions for residential properties. The company originated in 2017 as a spinout from X, Alphabet's innovation lab (formerly Google X). It was co-founded by Kathy Hannun, who served as the initial CEO, and James Quazi. Hannun was a Rapid Evaluator at Google X, where she began developing the concept to make geothermal energy more affordable.
Dandelion's business model focuses on making geothermal heating and cooling systems more accessible and cost-effective for homeowners. The company serves the residential market, initially launching in New York and later expanding to other areas in the Northeastern United States, including Connecticut. Its primary customers are homeowners using expensive fossil fuels like fuel oil or propane. Revenue is generated through the installation of its systems, with financing options available that allow homeowners to pay for the system over time, often with no upfront cost. This model, combined with federal and state incentives, aims to make the monthly cost lower than traditional heating and cooling expenses.
The core product is the Dandelion Air, an all-in-one system that replaces a home's furnace and air conditioner. It utilizes ground loops, which are pipes installed underground in a homeowner's yard, to circulate a fluid that absorbs heat from the earth in the winter and disperses heat from the home into the ground in the summer. This process is powered by a geothermal heat pump. The company has developed proprietary drilling technology to reduce the cost, space, and damage associated with installation. The system can reduce a home's carbon emissions by up to 80% and cut heating and cooling costs significantly.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- Denver, United States
- Open positions
- None listed
- Dealroom signal
- 54.8/100
- Industry
- Marketing
- Sub-industry
- Adtech
- Sector
- eCommerce & Marketplaces, Adtech, SaaS, Advertising, Commerce, Platform, Database, Software
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jan 2020 | $12M | $48M | Comcast Ventures · Collaborative Fund | — |
| SERIES A✓Equity / VC | Feb 2019 | $16M | $64M | NEA · Collaborative Fund · ZhenFund · GV | — |
Growth signals
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Krish Arvapally
Dan Goikhman
Series A5 investors entered at this stage
Other known investors1 additional known investor
Metric Collective
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about dandelion on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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